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Auction Results Announcement ICD406 for the sale of Islamic certificates of deposit

October 22, 2019
Auction Results Announcement ICD406 for the sale of Islamic certificates of deposit



CBI announced on 21 October ,2019 auction No.(ICD406) to sell Islamic Certificates of Deposit for (91) days and for (50) Billion IQD, The Certificates sold were (40) Billion IQD with uniform price and Morabaha return was (1.70%), Number of participants were (2) Banks they won the offered amounts.